United States Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$178,500

5.4% 1-year change

1.9% 1-year forecast

The median home value in
the
United States is $178,500.
United States home values have
gone up
5.4%
over the past year
and Zillow predicts they will
rise
1.9%
within the next year.
The median list price per square foot in
the
United States is $118.
The median price of homes currently listed in
the
United States
is
$210,000
while the median price of homes that sold is
$202,150.
The median rent price in
the
United States
is
$1,475.

Foreclosures will be a factor impacting home values in the next several years. In
the
United States
4.0
homes are foreclosed (per 10,000).

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of
United States
homeowners underwater on their mortgage is
16.9%.